Exports
Germany's automotive industry association VDA warned that tariffs imposed by the United States on European Union (EU) vehicle imports would significantly impact EU car exports to the US. Despite a modest overall decline of 1.9 percent in the first five months of 2025, vehicle shipments to the
Exports
China's Shanghai Port has seen a significant increase in automobile exports in the first half of 2025, with volumes exceeding 1.27 million units, up 13 percent year on year. This growth is part of a larger trend, with exports from the port increasing from 379 thousand units
Electric vehicles
Korean battery makers are at risk of losing ground in the domestic electric vehicle (EV) market as Hyundai Motor Group's two car manufacturing units are increasingly relying on Chinese batteries. Kia, a sister carmaker of Hyundai Motor, is set to launch the EV5 in Korea using CATL'
Exports
Honda Atlas Cars Pakistan Ltd has made a symbolic entry into international markets by exporting 38 units of its 1.2L Honda City to Japan, but the company faces significant challenges in competing in the global automotive market. Despite achieving a 42% year-on-year increase in topline revenue, reaching Rs78 billion
Exports
Japanese auto exports to the United States saw a significant decline of 27% in June, resulting in a trade surplus contraction. The Japanese government, which is heavily reliant on the auto industry for roughly 8% of its jobs, is seeking relief from 25% US vehicle tariffs and other trade levies
Electric vehicles
Top executives have been leaving Tesla in recent months, as the company faces a sales slump and backlash from CEO Elon Musk's stint in politics. The departures come after several high-profile executives announced their exits, including Troy Jones, vice president of sales, service and delivery in Tesla'
Electric vehicles
Pak Suzuki Motor Company Limited (PSMCL) has expressed strong reservations against the government's proposed tariff reforms and liberalization of used car imports, labeling the policy direction 'unsustainable' for Pakistan's domestic auto industry. At a press briefing in Lahore, Managing Director Hiroshi Kawamura and senior
Exports
The Indian automobile industry experienced a mixed Q1 performance in 2025-26, with passenger vehicle sales crossing the 1 million mark for the second consecutive quarter, but lower sales in the later part of the quarter led to a 1.4% de-growth compared to Q1 of 2024-25. The Two-Wheeler segment posted
Electric vehicles
Panasonic Energy, a Panasonic Group company, has announced the official opening of its new cylindrical lithium-ion battery factory for electric vehicles (EVs) in De Soto, Kansas. The factory, which marks one of the largest automotive battery plants in North America, is expected to significantly boost Panasonic Energy's U.
Electric vehicles
The federal government is taking steps to reimburse car dealers for electric vehicle subsidies they paid to customers before Ottawa shut down the program in January. The reimbursement process is expected to be announced to dealerships on Friday, with the aim of paying out all eligible claims. The government owes
Electric vehicles
Canada's automotive landscape is undergoing significant changes as the country transitions to electric vehicles and adapts to shifting global trade dynamics. A report by the Global Automakers of Canada (GAC) reveals that its member companies contributed significantly to the country's GDP and government revenues in 2024.
Electric vehicles
KUKA AG, a leading provider of automation solutions, has received a significant order for state-of-the-art welding technologies for the e-mobility sector. Following a major order for 23 friction welding cells in 2023, KUKA has now secured a follow-up order for 12 additional cells for a production expansion. The delivered cells
